311
In forceExtension of area retail obligation
Chapter 14Transitional and validation provisions
Part 8Transitional provisions for Electricity and Other Legislation Amendment Act 2006
311 Extension of area retail obligation
(1)
This section applies to a retail entity in relation to premises if—
(a)
it is not the area retail entity for the premises; and
(b)
it is the financially responsible retail entity for the premises; and
(c)
immediately before the FRC day, the premises were owned or occupied by a customer who, under the post-amended Act, is a large non-market customer for the premises.
(2)
New section 48D applies to the retail entity as if it were an area retail entity for the premises and as if the circumstances mentioned in section 48D(2)(b) existed.
This Act’s bill:Explanatory memorandum
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